The mortgage was a Canadian one. 1.75% for 5 year variable. 1.99% 5 year closed. Money is cheap here amigo and will continue to be for the foreseeable future. Cant compare it to a DR loan or mortgage.
I looked at the option of a small Canadian TD bank mortgage applied against my home here to buy a place in the DR. Easily paid off in five years. I’m making a lot more interest on my investments
(up to 9 %) so it doesn’t make sense to touch them.
The other option is sell my place, rent an apartment here to maintain my link to Canada and pay cash for a DR casa. Still wouldn’t need to touch my investments. I haven’t had a mortgage in 25 years so it kinda goes against the grain at my age.
I’m not looking for a massive villa. Only me and any potential femme du jours.

Lots of condos and small villas for sale in Costambar at decent prices. One condo, in particular, owned by a Canadian couple and they are willing to negotiate with me because they need to sell it for medical reasons.